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    Monroe, WA NNN Properties for Sale

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    Single-Tenant Veterinary Clinic
    Updated: Jul 8
    Single-Tenant Veterinary Clinic

    121 S Ferry Ave, Monroe, WA 98272

    $1,570,000
    3,500 sqft
    3,500 SF single‑tenant veterinary clinic in Monroe, WA, fully occupied by NVA dba Cascade Animal Hospital
    Triple‑net (NNN) lease runs through September 2028 with full corporate guarantee
    7.20% cap rate; current NOI is $113,156; offered at $1,570,000 ($448.57/SF)
    Annual rent escalations are the greater of 2% or CPI; landlord responsibility limited to structural replacement only
    Adjacent parking included in base rent and secured by a recorded easement that transfers to future owners
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Monroe, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    7-Eleven NNN Property
    7-Eleven NNN Property

    19215 Filbert Road, Bothell, WA 98012

    Contact for pricing
    2,200 sqft 0.34 AC lot

    The convenience store occupies a 0.34-acre site under a Triple Net lease.

    View details
    Drive-Through Restaurant
    Drive-Through Restaurant

    10312 Evergreen Way, Everett, WA 98204

    $2,727,000

    A 2022-built QSR is subject to an absolute-net sale-leaseback with scheduled rent increases.

    View details
    New Drive-Thru Coffee NNN Building
    New Drive-Thru Coffee NNN Building

    10318 Evergreen Way, Everett, WA 98204

    Contact for pricing

    Newly constructed drive-thru Woods Coffee, completed in October 2022, offered with long-term NNN leases.

    View details
    7-Eleven Convenience Store
    7-Eleven Convenience Store

    14501 JUANITA WOODINVILLE WAY NE, Bothell, WA 98011

    Contact for pricing

    The Bothell property has a 20-year lease with 7-Eleven.

    View details

    Monroe, WA Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Monroe, WA on our real estate platform. These investment opportunities span a total of 3,500 square feet of properties for sale, with an estimated market value of $1,570,000.

    Sale prices for triple net lease properties in Monroe, WA average $1,570,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 32K
    Population Growth (5Y) +2.0%
    Median Household Income $115,894
    College Educated 36.8%

    High-Yield Neighborhoods for Investment

    Identify Monroe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98272 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 0.75%
    Property Tax per SF $4.68 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Monroe fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

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